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Monday, May 9, 2011

Australian recruitment data slight performance benefit the Australian dollar against the US dollar rally

Monday (9th) because Australia recruitment data well, coupled with the market expected Chinese imports will continue to grow, AUD/USD rose modestly.

Australia New Zealand Bank (ANZ) published data show, Australia Lee April ANZ total number of job advertisements averaged 197,637, representing a growth of 20.5%.

at the same time, Chinese Customs will be Tuesday (10th) April trade data. Economists expect Chinese imports in April annual rate to grow 28.9%, 29.5% per cent growth in exports, trade surplus will increase to us $ 3.2 billion.

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BA grams Barclays Capital (Barclays Capital) analyst David Forrester pointed out that If China and the United States economic data continued to show solid economic recovery forward, Australian dollar/US dollar is expected to continue to rebound this week.

period in New York on Monday, Australian dollar/US dollar in early trading higher shock, midday high consolidation, continue to rise in late.

from a technical point of view, date line 5th averages across 10 averages leased on short term it is difficult to get out of the sharp rebound resistance 1.0820,1.0860; support 1.0721,1.0687.

6:15 ', AUD/USD 1.0784/89.